Conservators are individuals who are granted court-ordered authority to manage your financial and medical affairs should you not be able to make your own decisions anymore. If you are married, you will likely have your spouse appointed as your conservator. You can see how that works by clicking here. If you are single, widowed, or divorced, the analysis is different. Let’s say you develop Alzheimer’s or dementia. Statistics show you will usually need 2-3 years of long term care if you develop Alzheimer’s or dementia. As you know, nursing home costs are rising through the roof, and you can expect.